Indoor Harvest Corp (INQD)

[ccsykes]

Like I said, the Company only maintains a small office there and sublet the space. Everyone is remote and the servers were taken away and the data uploaded to cloud services. It was done to reduce costs, same with reducing personnel.

You're more than welcome to email the CEO, or myself if you need clarity on some activities. Ashley has nothing to do with Indoor Harvest beyond paying rent.

The reason the S-1 was withdrawn was discussed in the withdrawal notice.

Pursuant to a conversation with the Commission and our legal counsel, the Company has been requested by the Commission to withdraw the Registration Statement (which was registering securities of an “equity line” financing arrangement) due to amendments that were needed to the equity line and to the convertible promissory notes held by the holder of the equity line. The Company was planning to file a new registration statement for the equity line, however, the Company has determined at this time not to proceed with the equity line offering.

Other events along with the RW include retaining MD Global Partners, in which the CEO gave guidance the Company is working with them to explore funding options as well as other efforts.

"We have engaged MD Global to provide both financial advisory and investment banking services and he has already helped shape our approach, strategy and messaging."

https://www.sec.gov/Archives/edgar/data/1572565/000149315218012535/ex99-2.htm

Yes, the shop smells, they work with smelly stuff. Yes, there have been some big changes made since the new CEO came on board. The Company was in a quite period until just four days ago.